B Lab East Africa is on a mission to build a community of credible leaders in business in Africa. Leaders that can influence a better way of doing business which involve considering sustainability and all stakeholders. i.e. governance, workers, community, customers and the environment. They believe businesses should be conducted for the benefit of all stakeholders and not just for shareholder profit. That should not only consider profit but purpose only.
They do this through B Corp Certification, capacity building programs, partnerships, and collaborations in which they share their free tools: The B Impact Assessment and the SDG-Action Manager for businesses to use to plan, measure and improve.
Businesses use their free online assessment tool known as the B Impact Assessment to assess their impact and performance across 5 different areas: Governance, Workers, Community, Environment and Customers. The assessment enables them to improve their processes and operations as well as gives them a score that tells them how they performed against their peers in a similar industry. Companies that score above 80 points on the assessment are eligible to submit their application for B Corporation Certification, an International Standard on Impact. B Corporations are companies that have met the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose.
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